Posted on 08/08/2020 8:52:38 PM PDT by SeekAndFind
As my friend and colleague, Mike Ford, reported earlier, after Democrats tried to hold up signing a Congressional relief package to play games and get some of their long term agenda items, President Donald Trump has decided to go around them with executive orders that do the following:
President @realDonaldTrump's first executive order today provides a payroll tax holiday to Americans earning less than $100,000 per year. pic.twitter.com/0VQGowNmx2
The White House (@WhiteHouse) August 8, 2020
-Suspend Payroll Tax through remainder of 2020, for those making less than $100,000.00, retroactive to August 1st. If reelected, his intent is to make these payroll tax cuts permanent.
-Continue the moratorium on evictions, while providing financial assistance to renters.
-Extend unemployment benefits at a rate of $400.00/week, $200.00 less than previous plan. This gets rid of the stay home incentive by making work more attractive.
-Defer Student Loan Payments.
So these provide tremendous help to Americans, encourage the return to work, encourage employers to hire more workers.
Now these are incredibly popular moves. But Trump made them. And it means the Democrats dont get to hold Americans hostage for their agenda. So therefore Democrats are going to fight against them despite the fact that theyre popular and help Americans. Not because Democrats truly have any principled objection to them, but simply because they cant hold Americans as hostage any more to get what they want.
Trump has truly boxed the Democrats in with this move. If they dont fight against this, they lose the hammer to get things like mail-in voting and not just that. Trump busted them on other things like wanting to eliminate voter ID and signature verification when voting even in states that have it already. Why would they want that and what does it have to do with virus stimulus, he said. He just lights them up.
President Trump: "The Democrat bill includes stimulus checks for illegal aliens, the mass release of illegal aliens from detention, they also compel the mass release of inmates, including serious felons what does this have to do with the stimulus for the economy?" pic.twitter.com/nGmE7ztEuD
ForAmerica (@ForAmerica) August 8, 2020
President @realDonaldTrump on how Democrats want to use the Coronavirus Relief Bill to ban voter ID and signature verification for federal elections.
Why would Democrats want to do that? pic.twitter.com/y17tUWKtUZ
Team Trump (Text TRUMP to 88022) (@TeamTrump) August 8, 2020
Brilliant. Americans can see clearly. They can also see the games Democrats have been trying to play.
If they do fight against it, theyre fighting against help to the American people. Not a good look. Theyre gnashing their teeth over their predicament. They have promised to file a legal challenge, citing Congress constitutional authority to determine federal spending. But then, once again, theyre blocking relief to the American people. But now because of DACA, Barack Obama already set the precedent that is going to come back on them.
All the $13/pint designer ice cream in House Speaker Nancy Pelosis freezer cant make up for how badly they are going to get scalded in the election if they go this route.
Are Democrats suing because PBS and Kennedy Center werent a part of the deal? https://t.co/woL2FoV1ds
Tatjana Pasalic (@Tattytats) August 8, 2020
"Trump's strategy is diabolical," concludes @JoshMBlackman of the president's new executive actions on coronavirus relief. Why? Because thanks to it, "Biden is stuck between a rock and a hard basement." https://t.co/nAOnn7ZOpp
Varad Mehta (@varadmehta) August 8, 2020
"Democratic AGs will have a tough time explaining why they are ripping away $400 a week from unemployed residents."
Trump's scheme to continue providing unemployment to Americans affected by the pandemic is diabolical indeed, as @JoshMBlackman explains. https://t.co/WVW25Btd0D
Varad Mehta (@varadmehta) August 8, 2020
You must address how many times one dollar goes through the system.
Start with the one dollar in your pocket.
Now tell me how many times that dollar gets taxed after you spent it.
Kinda tough huh? It’s a tough calculation but estimates are around 1.90.
Keep in mind the answer from government is to flood the market with money.
They want the currency to change hands faster as to speed up taxation on that dollar.
Velocity.
The President was getting it done through USA productivity.
China gave us the Kung-Flu and knocked it out. (Velocity)
The President is going to help out by pushing more money into the USA by giving people money which will bring the Treasury a 2 for 1 return when all is said and done.
Inflation is the big ass risk.
Why would it be seen that way? It puts MORE money in our pockets, and it’s the best raise we’ve gotten in a while. Besides, we are being taxed twice as it is.
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